Photograph: iStock

Daimler said on Tuesday it will cut fixed costs, capex and research and development expenditure by more than 20 per cent by 2025 compared with 2019 l(...)

 An Airbus A350-1000 Xwb (back) and an Airbus A321neo are seen on static display during the 52nd Paris Air Show. Photograph: Pascal Rossignol/Reuters

European planemaker Airbus softened its key target for jet deliveries on Wednesday and warned that reaching it would be a “greater stretch” after a se(...)

An Airbus A350 aircraft. The company is having difficulties in the supply chain for its production. Photograph: Dario Pignatelli/Bloomberg

Airbus Group posted lower than expected third-quarter profits on Wednesday, led by a faltering performance in its core commercial jet division and con(...)